Business: Pledge

In his April 14th message to Congress the President asked for teamwork
between Government and Business. Ambitious SECommissioner John W.
Hanes, who last fortnight got RFC interested in carrying industrial
inventories, took the idea literally, began rounding up tycoons by
long-distance telephone. On the President's desk last week he laid a
carefully phrased message from 16 of them.* Excerpt:

"It seems to us most important that we should all resolve to encourage
the President in every effort he shall make to restore confidence
and normal business conditions, and to support Congress in the...